New Delhi: The Supreme Court on Friday gave a green signal to POSCO to continue with iron ore mining in Odisha. The court quashed Odisha High Court's order, which had set aside the state government's petition to allot iron ore licence to POSCO in the Kandahar hills.
The state government had granted a licence to POSCO in 2009, which had been set aside by the High Court in 2010.
The Kandahar mines are estimated to have 600 million tonne high grade iron ore deposits.
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11:17 AM, May 10, 2013
New Delhi: The Supreme Court on Friday banned all mining operations and transportation of iron ore in Goa. The order came following a hearing on a PIL filed against resumption of mining operations in the state. Earlier this year, the Directorate of Mines and Geology had temporarily suspended mining operations in all 90 mines in Goa till October 2012. The move came on the basis of the Justice MB Shah...
02:55 PM, Oct 05, 2012
Bangalore: The Supreme Court order lifting ban partially on mining operations in Karnataka would revive the iron ore production and provide relief to over 10,000 workers who were rendered jobless due to the restrictions, industry has said. The move may not pave the way for iron ore exports immediately, it will provide a relief for over 10,000 mining employees and thousands of transporters, who were rendered jobless due to the...
04:27 AM, Sep 05, 2012
New Delhi: The Supreme Court on Friday indicated that it may permit resumption of iron ore mining in category A mines in Karnataka's Bellary, Chitradurga and Timkur districts, provided they complied with all statutory forest and environmental clearances. "The statutory compliance must be there. There can be no compromise on the statutory clearance and the undertaking by the lease holder on rehabilitation and reclamation of devastated mines," said the forest...
11:52 AM, Sep 01, 2012
New Delhi: The Supreme Court on Friday indicated that it may permit resumption of iron ore mining in category A mines in Karnataka's Bellary, Chitradurga and Timkur districts, provided they complied with all statutory forest and environmental clearances. "The statutory compliance must be there. There can be no compromise on the statutory clearance and the undertaking by the lease holder on rehabilitation and reclamation of devastated mines," said the forest...
10:43 PM, Aug 31, 2012
Mumbai: Karnataka Chief Minister Sadananda Gowda on Wednesday said the state is targeting to attract investment commitments of up to Rs six trillion from its forthcoming global investors meet (GIM). The meet, held every two years, is scheduled to be held in Bangalore from June 7-8. At the last meet, Karnataka had signed over MoUs worth over Rs 3.92 lakh crore. Gowda, who is in Mumbai as part of a...
03:18 AM, Mar 08, 2012
New Delhi: The Mining scam net widened as the Indian Railways slapped a Rs 660 crore notice on a company for transporting iron ore meant for export on domestic freight charges. The Railways have accused the Rs 3000 crore Rashmi group of fraudulently exporting lakhs of tonnes of iron ore meant for domestic consumption by submitting misleading documents to the railways. CNN-IBN has accessed the demand notice of Rs 660...
01:29 PM, Sep 30, 2011
